NEW YORK, Aug. 8 -- Swiss investment bank UBS on Friday became the latest financial firm to say it would buy back billions of dollars of bonds from customers who have been unable since February to cash in their investments, known as auction-rate securities. -
UBS Agrees to Refund $18.6 Billion in Bonds
NEW YORK, Aug. 8 -- Swiss investment bank UBS on Friday became the latest financial firm to say it would buy back billions of dollars of bonds from customers who have been unable since February to cash in their investments, known as auction-rate securities.-
By Heather Landy